Cybereason, a leader in endpoint protection, today announced the findings from a newly published Total Economic Impact ™ (TEI) study conducted by Forrester Consulting, quantifying the benefits of the Cybereason Defense Platform. The commissioned study shows that Cybereason customers dramatically reduce the likelihood of suffering a cybersecurity breach, reduce their operational expenses and recognize a 308 percent return on investment (ROI) over three years.
One Cybereason customer and participant in the TEI study achieved notable efficiencies and cost savings with the Cybereason Defense Platform, noting that, “we’re able to spend less time tracking down red herrings or potential false positives because the system handles a lot of those false positives for us. It gets rid of a lot of the noise. We’re able to focus on things that are meaningful that we can evaluate quickly. Just determine, 'is this a vulnerability that we need to address or not?'” - Information Security Architect, Health Insurance Organization
“We believe the Total Economic Impact study shows what we have known for a long time: we help our customers address advanced cyber threats and future proof their security operations while achieving more than 300 percent in ROI. In addition, we give them more visibility into what is happening in their environments than any other company and reduce the likelihood they will suffer a breach,” said Lior Div, CEO and Cofounder, Cybereason.
Key findings included in the TEI study for Cybereason include:
93 percent improved efficiency in detection and response
Cybereason’s easy-to-use user interface (UI) enables organizations to rapidly see a threat, investigate root cause, and understand the full context of the threat and how to best remediate the situation. Organizations can assess, prioritize, and respond to threats faster, resulting in a three year benefit of nearly $185,000.
75 percent reduction in the management of the security platform
With the investment in Cybereason, organizations can deploy a single lightweight agent that is managed from one console, drastically minimizing the management required and resulting in a savings of more than $130,000 over three years.
$288,000 savings in future security analyst hires over three years
Cybereason’s intuitive UI allows analysts of any skill set to understand the full context and scope of an attack and how to best remediate the issue, eliminating the need for additional security analyst hires.
This year, Cybereason has received several third-party validations for the Cybereason Defense Platform. The company has the top-ranked current offering in the published “The Forrester Wave™: Enterprise Detection & Response, Q1 2020.” NSS Labs, Inc. recognized Cybereason as the highest rated endpoint platform on the market in Advanced Endpoint Protection Q2 2020 Comparative Report. And in the completed MITRE ATT&CK product evaluations, Cybereason successfully defended against techniques frequently used by cybercrime group APT29.
The company also expanded its product offering with the launch of Cybereason Mobile, a new cloud-based offering designed to help enterprises prevent, detect and respond to both mobile device and traditional endpoint risks.
Cybereason, creators of the leading Cyber Defense Platform, gives the advantage back to the defender through a completely new approach to cybersecurity. Cybereason offers endpoint prevention, detection and response and active monitoring. The solution delivers multi-layered endpoint prevention by leveraging signature and signatureless techniques to prevent known and unknown threats in conjunction with behavioral and deception techniques to prevent ransomware and fileless attacks. Cybereason is a privately held, international company, headquartered in Boston, MA with customers in more than 30 countries.
Senior Director, Global Public Relations